How are first-time buyers getting help with as much as $7,000 toward their next home?

One of the biggest frustrations I hear from first-time homebuyers sounds something like this:
“I’m trying to save for a down payment, but I’m already paying over $1,500 a month in rent!”

Sound familiar? You’re not alone — and thankfully, there’s a mortgage option that could make buying your first home more realistic than you think.

Let me introduce you to the 1% Down Conventional Mortgage offered by United Wholesale Mortgage (UWM) — a smart financing solution designed to help renters become homeowners faster.

🏡 How It Works:
You contribute just 1% of the purchase price as your down payment. UWM then adds 2% (up to $7,000) toward your down payment — and it’s not a loan. That means no repayment required.

Let’s break that down with two real-world examples:

• 💰 $300,000 home = You put in $3,000 (1%), UWM contributes $6,000 (2%)
• 💰 $400,000 home = You put in $4,000 (1%), UWM contributes $7,000 (max)

This makes homeownership more accessible — even if you're still trying to balance rent, bills, and everyday expenses.

✅ Who Qualifies?
To be eligible for UWM’s 1% Down program, you’ll need:

• A minimum credit score of 620
• To purchase a primary residence
• To meet standard conventional loan guidelines

You’ll still need to cover closing costs, but this program significantly reduces the initial cash needed up front — and for many, that’s the biggest hurdle.

💬 The Bottom Line:
If you’ve been renting and feeling stuck, there are options designed to help you break through. UWM’s 1% Down program could be the key to getting you out of the rental cycle and into a place you own.

📲 Want to connect with a trusted lender and explore your down payment options? DM me — I’d love to help you start your path toward homeownership.